The Paycheck Protection Program (PPP) provided loans to small businesses affected by the COVID-19 pandemic. Companies with less than 500 employees, sole-proprietorships, independent contractors and self-employed individuals could qualify for these loans, according to Harvard Business School.
A report on the program analyzed by the Peter G. Peterson Foundation found the “distribution of loans across sectors didn’t mirror the distribution of job losses.” It showed restaurants and food service businesses did not receive many loans, despite suffering the highest level of job losses.
A preliminary analysis from the National Bureau of Economic Research suggests the areas most affected by economic disruption did not receive the most loans.
The Paycheck Protection Program ended on May 31, 2021. Existing borrowers may be eligible for loan forgiveness at the discretion of the lender.
PPP loans distributed in 2020 in ZIP Code 85363
| Name of Borrower | Current Approved Amount |
|---|---|
| Lifestream Complete Senior Living, Inc. | $2,773,800 |
| Albrecht and Son, LLC | $207,637 |
| Suncor Industries, Inc. | $192,700 |
| Managed Protective Services, Inc. | $150,435 |
| Twiga AZ Hotels, LLC | $86,704 |
| Mari's Property Management & Cleaning Services, LLC | $83,645 |
| G T Ventures, LLC | $82,000 |
| Yourson Contracting, LLC | $72,885 |
| Sun Cities 4 Paws Rescue, Inc. | $65,100 |
| Dubasik, Inc. | $57,037 |
| Grand Canyon Golf Cars, Inc. | $54,177 |
| Sun City Upholstery, Inc. | $50,000 |
| Roger Cox Air Conditioning & Heating, LLC | $43,517 |
| Wesco Consulting, Inc. | $43,470 |
| Grand Canyon Air Conditioning, Heating and Solar, LLC | $39,849 |
| Loadtraining.com | $37,100 |
| David Anderson, PLLC | $36,800 |
| United Car Care Youngtown, Inc. | $34,780 |
| Kena West, Inc. | $26,138 |
| The Redeemed Christian Church of God, Jubilee Parish | $22,500 |
| Robert W Clark JR, D.D.S. | $21,657 |
| Sayed Hashimi | $20,832 |
| Advantage Home Care, LLC | $20,500 |
| Melissa Petty | $18,974 |
| Winefco Incorporated | $18,085 |
| Creative Real Estate Solutions Team, LLC | $18,030 |
| BNS, Inc. | $15,750 |
| Divine Design Upholstery, LLC | $15,725 |
| Whispering Waters, LLC | $14,747 |
| SLO Venture International, LLC | $13,469 |
| Aspire Health, LLC | $12,000 |
| Dave Rice Upholstery | $11,507 |
| Kathy Patino | $10,511 |
| B&P Shepard, LLC | $9,951 |
| Dee's Gifted Hands Spa Boutique, LLC | $7,500 |
| Belltech Enterprises, LLC | $7,300 |
| KCK of Arizona, LLC | $7,100 |
| N & R Luckey's Pizza, Inc. | $6,843 |
| Master Graphics, LLC | $6,500 |
| Metal Lotus, LLC | $4,482 |
| Medical Lending Center | $4,000 |
| Ironwood Cabinet Painting | $1,502 |
| Diamond Sun, Ltd. | $1,000 |
| Reidenbach's Hair Studio, LLC | $77 |
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